Cheap Student Apartments for Rent in Champaign, IL from $300 (169 Rentals)

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Student Housing Options in Champaign.

Cheap Apartments in Champaign.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Seven07
$1,104 - $2,064
Total Monthly Price

Total Monthly Price

Base Rent
$1,104 - $2,064

Total Monthly Price
$1,104 - $2,064
Studio to 4 Bedroom Apartments Available Now

Seven07

707 S 4th StChampaign, IL 61820
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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59JOH
3 to 4 Bedroom Apartments

59JOH

59 E John StChampaign, IL 61820
Student Housing
  • Utilities Included
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The Gardens at 304 E Clark
2 to 4 Bedroom Apartments

The Gardens at 304 E Clark

304 E Clark StChampaign, IL 61820
Student Housing
  • Utilities Included
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305JOH
2 to 4 Bedroom Apartments

305JOH

305 E John StChampaign, IL 61820
Student Housing
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506 E. White Champaign
1 to 3 Bedroom Apartments

506 E. White Champaign

506 E White StChampaign, IL 61820
Student Housing
  • Utilities Included
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Woodcrest
1 to 2 Bedroom Apartments

Woodcrest

701 Hollycrest DrChampaign, IL 61821
Student Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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312 E White St
Studio to 3 Bedroom Apartments

312 E White St

312 E White StChampaign, IL 61820
Student Housing
  • Utilities Included
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502 E White St
Studio Apartments

502 E White St

502 E White StChampaign, IL 61820
Student Housing
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205 E. Green
Studio to 1 Bedroom Apartments

205 E. Green

205 E Green StChampaign, IL 61820
Student Housing
  • Utilities Included
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Clark Street Studios
Studio to 2 Bedroom Apartments

Clark Street Studios

602 E Clark StChampaign, IL 61820
Student Housing
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303 E Green
1 to 4 Bedroom Apartments

303 E Green

303 E Green StChampaign, IL 61820
Student Housing
  • Utilities Included
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1106 Euclid St
Studio to 4 Bedroom Apartments

1106 Euclid St

1106 Euclid StChampaign, IL 61820
Student Housing
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306 E Clark St
Studio to 3 Bedroom Apartments

306 E Clark St

306 E Clark StChampaign, IL 61820
Student Housing
  • Utilities Included
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1005 S 1st St
Studio Apartments

1005 S 1st St

1005 S 1st StChampaign, IL 61820
Student Housing
  • Utilities Included
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Second & Daniel
4 Bedroom Apartments

Second & Daniel

901 S 2nd StChampaign, IL 61820
Student Housing
  • Utilities Included

Deciding Between a Student Apartment or a Dorm?

If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.

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1002SEC
4 Bedroom Apartments

1002SEC

1002 S 2nd StChampaign, IL 61820
Student Housing
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207 S Fifth
Studio to 4 Bedroom Apartments

207 S Fifth

207 S 5th StChampaign, IL 61820
Student Housing
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108 S 4th St
Studio to 2 Bedroom Apartments

108 S 4th St

108 S 4th StChampaign, IL 61820
Student Housing
  • Utilities Included
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806 S 3rd St
4 Bedroom Apartments

806 S 3rd St

806 S 3rd StChampaign, IL 61820
Student Housing
  • Utilities Included
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Chalmers Manor
Studio to 2 Bedroom Apartments

Chalmers Manor

105 E Chalmers StChampaign, IL 61820
Student Housing
  • Utilities Included
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105 E John St
1 to 2 Bedroom Apartments

105 E John St

105 E John StChampaign, IL 61820
Student Housing
  • Utilities Included
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903 S Locust
3 Bedroom Apartments

903 S Locust

903-909 S Locust StChampaign, IL 61820
Student Housing
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Chateau Apartments
Studio to 2 Bedroom Apartments

Chateau Apartments

405 E White StChampaign, IL 61820
Student Housing
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103 E Chalmers St
1 to 3 Bedroom Apartments

103 E Chalmers St

103 E Chalmers StChampaign, IL 61820
Student Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Champaign, IL Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Champaign Apartments

What is a cheap apartment in Champaign?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Champaign is under $829.

What is the price of a cheap apartment in Champaign?

The cheapest apartment in Champaign is Bailey Student Apartments Available 2026! which is listed at $750, while the average apartment in Champaign costs $1,795.

What types of apartments are the cheapest in Champaign?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 100 regular apartments in Champaign that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Champaign?

Cheap apartments in Champaign have an average cost of $995 which is $800 cheaper than the average rent for all rentals in Champaign.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.